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Business
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Number of pages / Number of words: |
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The source of a competitive advantage is superior value creation. To create superior value, a company must lower its costs or differentiate its product so that it creates more value and can charge a higher price, or do both simultaneously. The key drivers for competitive advantage are cost leadership and differentiation of product (Micheal Portel)...
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To create superior value, a company must lower its costs or differentiate its product so that it creates more value and can charge a higher price, or do both simultaneously. The key drivers for competitive advantage are cost leadership and differentiation of product (Micheal Portel). Business-Level Strategy deals with decisions and actions pertaining to each business unit in order to make each unit more competitive in its market-place...
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